# PPP loan: LA MORENITA RESTAURANTS
> **$242K** approved 04/30/2020 · Paid in Full · Loan `7019787301`
## Borrower
- **Name:** LA MORENITA RESTAURANTS
- **Address:** 1667 E HATCH RD, MODESTO, CA, 95351-5009
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 57
## Lender
- **Originating:** Valley First CU
- **Servicing:** Valley First CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*